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BETA Technologies, Inc. (BETA)

SEC filings, insider trading & institutional ownership from EDGAR.

NYSEIPO • Nov 2025IndustrialsAerospace & Defense

BETA Technologies designs, manufactures and sells electric aircraft, electric propulsion systems, batteries, flight control systems and charging equipment. The company describes itself as vertically integrated, with proprietary control over the "Enabling Technologies" it considers essential to electric aviation: batteries, motors, flight control systems and ground service equipment (GSE). It aims to capture value across an aircraft's lifetime through aftermarket batteries and services. It states that it has not yet delivered any certified aircraft and has recognized no associated revenue from aircraft sales.

Its aircraft include the ALIA CTOL (CX300), a piloted conventional takeoff and landing aircraft carrying six people or 200 cubic feet of cargo plus two crew over roughly 215 nautical miles, and the ALIA VTOL (A250), a vertical takeoff variant. It also offers the MV250, a hybrid, potentially autonomous military VTOL variant being developed with GE Aerospace on a hybrid electric turbogenerator, and is developing a larger aircraft for up to 19 passengers. Component products include the H500A electric motor (573 horsepower, 165 pounds), with H500B and V600A motors in development; proprietary battery packs built from purchased cells; triplex-redundant fly-by-wire flight control computers; and CCS-1 charging products (Charge Cube, Mini Cube and a thermal management system cube). It is also developing BETA Operate, a digital fleet platform with Maintenance, Control Center, Network and Data modules. Targeted milestones include FAA Part 33 type certification of the H500A in the first half of 2026 and CTOL Part 23 certification about 12 months after that.

The company plans four revenue streams: aircraft sales to military and commercial customers, aftermarket replacement batteries, merchant sales of propulsion systems and flight control technology to other manufacturers, and GSE sales. It first targets cargo and logistics, military and medical operators before passenger operations. Its civil backlog is 891 aircraft worth $3.47 billion (289 firm orders, 602 options). Customers include UPS, United Therapeutics, Air New Zealand, Bristow, Metro Air Services, Metro Aviation, New Zealand Air Ambulance and FlyNYON, plus an agreement with Republic Airways. Propulsion customers include EVE Air Mobility, with a contract for up to $1 billion of pusher motors, and a General Dynamics Applied Physical Sciences subcontract supporting a DARPA program. Charging customers include Signature Aviation, Atlantic Aviation, Archer Aviation, Vertical Aviation, the State of Michigan, Abu Dhabi Airports and the U.S. Department of Health and Human Services. Charging equipment has been installed at 56 airports and logistics hubs as of December 31, 2025. The company estimates a total addressable market of about 60,000 electric and hybrid aircraft worth $250 billion through 2035.

Operations are centered on a roughly 188,000 square foot Final Assembly Facility in South Burlington, Vermont, designed for more than 300 aircraft a year at maturity, with permits and site control to expand beyond 355,000 square feet. A battery test facility is in St. Albans, Vermont. Engineering and manufacturing teams are co-located, and airframes, interiors, thermal and low-voltage electrical systems are designed in-house and with suppliers and partners. Battery cells are purchased commercially, and Hartzell Propeller supplies the FAA-certified propeller. The text describes competition mainly as emerging electric aircraft and propulsion makers and incumbent combustion-engine and conventional aircraft producers, and it describes a strong position in North America.

AI-summarized from Item 1 (Business) of the company's most recent 10-K filing.

RevenueFY2025
$35.62M
Net incomeFY2025
-$745.87M
Diluted EPSFY2025
$-12.85
Gross margin
72.2%
Insider net6 mo
−801.9K
shares56 sells3 buys
Institutions
36
$890.99M held

Financials

As reported to the SEC via XBRL, no adjustments

All financials →
Revenue & net income
-$800M-$600M-$400M-$200M$200M
FY2025
RevenueNet income
FY2025 highlightsfrom 10-K
Gross profit$25.71M
Operating income-$372.67M
Diluted EPS$-12.85
Gross margin72.2%
Net margin-2094.2%

Revenue by region

FY2025 geographic segments • from the 10-K

$34MTOTAL FY2025
Americas$33.86M100.0%—
0.0% of FY2025 disclosed regional revenue earned outside Americas

Latest filings

10-K, 10-Q, 8-K, Form 4 & 13D/G. Sourced directly from SEC EDGAR

All filings →
FormFiled
4Clark KyleOct 23, 2026
4Clark KyleOct 20, 2026
4Clark KyleOct 15, 2026
4Clark KyleOct 9, 2026
4Clark KyleOct 6, 2026
4Clark KyleOct 2, 2026

Insider trading

From Form 4 filings

All →
InsiderDateType
Clark KyleOct 22, 2026Sell
Clark KyleOct 21, 2026Sell
Clark KyleOct 20, 2026Sell
Clark KyleOct 19, 2026Sell
Clark KyleOct 16, 2026Sell

Top holders

13F & 13D/G • latest quarter

All →
HolderStakeFiledValue
FMR LLC14.4%Aug 13, 2026$558.41M
BlackRock, Inc.1.3%Aug 7, 2026$49.08M
STATE STREET CORPORATION1.1%Sep 22, 2026$43.16M
Vanguard Portfolio Management0.8%Aug 13, 2026$31.75M
Vanguard Capital Management0.8%Aug 13, 2026$30.5M

The IPO at a glance

From the final prospectus (424B4), filed Nov 4, 2025 • listed on New York Stock Exchange as “BETA”

Full offering read →
IPO price
$34.00
per Class A share
Sold by the company
29.9M
29,852,941 shares as printed
Net proceeds to the company
$951.7M
“approximately $951.7 million”
Who controls the vote
Kyle Clark, approximately 62.6% of the voting power after the offering
Share classes
Class A common stock • one voteClass B common stock • 40 votes
Lock-up
180 days
Led by
Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC
Controlled company

Figures are quoted from the prospectus as printed.

The full offering read is free with an account

What the money is for, the risk themes in the prospectus’s own terms, dilution to new investors, and the red-flag scan of the offering, verified against the filing.

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AI summary

Latest 10-Q takeaways

filed Aug 12, 2026

The MD&A is largely factual and backward-looking, pairing an upbeat strategic narrative (hybrid-electric flight milestone, MV250 unveiling, $1.48 billion cash) with sharply widening losses, heavy R&D spend, and continued need for external financing. Confidence is moderate: strong promotional claims in the overview are offset by hedged capital-raising language and expectations of continued losses. Automated screens found no red flags in this filing.

Written by Scrutar's AI from BETA's SEC filings. Check anything you rely on against the filing. Not investment advice.

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Companies related to BETA

Peers identified from BETA's own SEC filings.

Data as of Oct 24, 2026Source: SEC EDGAR.